NIFTY Intraday Trade Setup For 28 Jun 2022
Buy-Above 15930
Sl-15880
T-16000 16100
Sell-Below 15810
Sl-15865
T-15700 15620
NIFTY opened with a big gap up with nearly 1.5% gain. It opened at our buy target and resistance -15900. As a result it fell from resistance- 15900 till 15816. It has closed at day low.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes below 15815. we will short for the target of 15700 and 16620.
In case a 15 Min candle closes above 15930, we will long for the target of 16000 and 16100.
If it opens gap down and the the 1st 5 min candle is a bullish pin bar/ hammer then above its high we will long.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Intraday Support- 15700
Intraday Resistance- 16200
Buy-Above 15930
Sl-15880
T-16000 16100
Sell-Below 15810
Sl-15865
T-15700 15620
NIFTY opened with a big gap up with nearly 1.5% gain. It opened at our buy target and resistance -15900. As a result it fell from resistance- 15900 till 15816. It has closed at day low.
Coming to tomorrow's trade setup, if index opens flat and a 15 Min candle closes below 15815. we will short for the target of 15700 and 16620.
In case a 15 Min candle closes above 15930, we will long for the target of 16000 and 16100.
If it opens gap down and the the 1st 5 min candle is a bullish pin bar/ hammer then above its high we will long.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Intraday Support- 15700
Intraday Resistance- 16200
